This paper explores the extent to which workers are willing to trade hours worked for leisure time shared with their spouse. This parameter is essential to properly assess contemporary trends in the regulation of work and leisure time. We use the fact that the number and timing of paid vacation...

A model with search and matching frictions and heterogeneous workers was established to evaluate a reform of the public sector wage policy in steady-state. The model was calibrated to the UK economy based on Labour Force Survey data. A review of the pay received by all public sector workers to...

The quality of public management is a recurrent concern in many countries. Calls to attract the economyﾒs best and brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and private sector, using a model of a perfectly...